Netflix exceeds expectations in latest earnings report — and predicts profits will rise despite economic uncertainty

1. Netflix exceeded revenue expectations with $10.54 billion in Q1 earnings. 2. Projected revenue growth to $11.04 billion, surpassing analyst consensus. 3. Reed Hastings transitions to non-executive chair, indicating leadership evolution. 4. Ad-supported tier accounts for 55% of new sign-ups in eligible areas. 5. Concerns persist about potential churn from consumers amid economic uncertainty.